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Life cycle patterns and boom-bust dynamics in U.S. housing prices

Leonardo Martinez, Juan Hatchondo and Juan Sanchez

Economic Synopses, 2013, No 9

Abstract: Home equity did not increase much for households younger than 35 years of age between 1998 and 2007 because the increase in house prices was offset by an equivalent increase in mortgage debt.

Keywords: Housing - Prices; Debt; Mortgages (search for similar items in EconPapers)
Date: 2013
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